AGL/CA/PSX/211-2023

March 30, 2023

AGRITECH

The General Manager

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Pakistan Stock Exchange Limited

Stock Exchange Building

Stock Exchange Road Karachi

Subject:

Financial Results for the Year Ended December31, 2022

Dear Sir,

We have to inform you that the Board of Directors of our company in its meeting held on

March 30, 2023 at 10:00 a.m., at Lahore recommended the following:

  • (i) CASH DIVIDEND

    Nil

  • (ii) BONUS SHARES

Nil

ii) RIGHT SHARES

Nil

iv) ANY OTHER ENTITLEMENT/CORPORATE ACTION:

Nil

(v) ANY OTHER PRICE-SENSITIVE INFORMATION:

Nil

The financial results of the Company for the period ended December 31, 2022 are attached. The Annual General Meeting is scheduled to be held on April 28, 2023 at 11:00 a.m. at Lahore. The Share Transfer Books of the Company will be closed from April 22, 2023 to April 28, 2023 (both days inclusive) for the purpose of holding the Annual General Meeting. Transfer received at the Office of our Share Registrar M/s Corplink Private Limited, Wings Arcade, 1- K, Commercial, Model Town, Lahore at the close ofbusiness on April 21, 2023 will be treated in time for the purpose of any entitlement to the transferees.

The Annual Report of the Company will be transmitted through PUCARS at least 21 days before holding the Annual General Meeting.

Sincerely yours,

AsntaIrfan

Company Secretary

Encl: As above

Cc. Executive Director/HOD, Ofsite - II Department, SECP, Islamabad

Head Office: AGRITECH LIMITED, 2nd Floor, Asia Centre, 8-Babar Block, New Garden Town, Lahore-Pakistan.

Tel: +92-42-35860341-45, Fax: +92-42-35860339-40

Web:www.patl.com.pk

Agritech Limited Statement of Profit or Loss

For the year ended 31 December 2022

2022

2021

Note

Rupees

Rupees

Sales net Cost of sales Gross profit/(loss)

Selling and distribution expenses Administrative and general expenses Other expenses

Other income

Operating profit/ (loss)

Finance cost

Loss before taxation

Taxation for the year Loss after taxation

Loss per share - basic and diluted

30 31

17,296,183,225

(15,174,621,258)

2,121,561,967

32 (639,097,299)|

33 (480,599,638)|

34

(37,749,855)

(1,157,446,792)

35

104,875,957 1,068,991,132

36

(4,284,876,471)

3,215,885,339)

37

(2,953,326,220)

262,559,119

10,100,923,848 9,691,405,911)

409,517,937

(352,478,880)

(369,802,913)|

(456,767)

(722,738,560)

100,739,070

(212,481,553)

(2.805,272,707)

(3,017,754,260)

336,516,570

(2.681,237,690)

38

(7.53)

(6.83)

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Agritech Ltd. published this content on 30 March 2023 and is solely responsible for the information contained therein. Distributed by Public, unedited and unaltered, on 30 March 2023 08:20:05 UTC.